The North Memphis housing market is not very competitive. The median sale price of a home in North Memphis was $164K last month, down 12.4% since last year. The median sale price per square foot in North Memphis is $111, down 23.4% since last year.
What is the housing market like in North Memphis today?
In July 2025, North Memphis home prices were down 12.4% compared to last year, selling for a median price of $164K. On average, homes in North Memphis sell after 76 days on the market compared to 59 days last year. There were 104 homes sold in July this year, up from 97 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$163,750
-12.4% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
North Memphis, TN
$163,750
-12.4%
United States
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How hot is the North Memphis housing market?
North Memphis is not very competitive. Homes sell in 76 days.
0
100
21
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 76 days.
Hot homes
can sell for around list price and go pending in around 23 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Memphis housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Memphis.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
North Memphis has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information